Compensation Director

4 weeks ago


Falls Church, Virginia, United States Bellatrix HRM Inc Full time

About the role: Director of Compensation

Bellatrix HRM Inc is a Small Woman Owned HUBZone company that prides itself on being agile, efficient, and people-focused. We believe in advancement from within through training, mentorship, innovation, and being a family. Our company is looking for a Director of Compensation to join our team and help us shine in our mission.

Title: Director of Compensation
Location: Falls Church, VA
Program: Direct Hire for Government Contractor

Responsibilities:

  • Manage execution of compensation programs such as annual merit and performance review process, bonus, and equity programs
  • Efficiently manages workflow and deadlines, performs short- and long-term planning, makes policy and program recommendations, and recommends/initiates new approaches, policies and procedures to support continuous improvement
  • Consults with internal Human Resources and Finance business partners, including senior leaders and management, to ensure compensation, performance, and compliance needs
  • Analysis of the company's compensation programs policies and structures
  • Recommends, Designs, and Implements changes to current compensation programs and structures
  • Ensure proper documentation and audit processes are developed, approved, and followed
  • Consult with senior leadership regarding compensation program development and interpretation
  • Partner with the management team, consult and resolve compensation issues using creative and strategic approaches
  • Develops creative solutions to compensation-related challenges that balance business considerations with retention and engagement objectives
  • Designs, implements, and administers compensation programs, including salary structure adjustments, merit and incentive pay, designing, implementing communication strategies and ensuring compliance with regulatory guidelines, and other aspects of the compensation program
  • Plays a critical role in the due diligence process and comprehensive reviews of all compensation and benefit plans for new ventures, mergers, and acquisitions
  • Ensures applicable regulatory and department standards are adhered to on an on-going basis
  • Provides enterprise-wide compensation training and communication
  • Creates and generates compensation reports and analytics
  • Reviews job classifications, position descriptions and market data to make recommendations with respect to job qualifications in support of company policy and organizational budgets
  • Collaborates with the business groups and Human Resources to ensure strong change management in support of compensation-related policy and procedure rollouts and/or updates
  • Develops and implements communication strategies to improve employee engagement and create a clear messaging cadence for the company's strategic growth
  • Monitors changes in the healthcare job market ensuring that the company is able to recruit, retain and reward top talent

Requirements:

  • Experience with designing and administering compensation and incentive plans
  • Strong quantitative and analytical skills
  • 10+ years of progressive experience in compensation in the federal government contracting and solutions contracting industry
  • Experience within leading consulting firms is preferred
  • Superior writing, organizational, and interpersonal skills, as well as attention to detail
  • Excellent attention to detail, interpersonal communication, presentation, organization, decision-making, and planning skills
  • Routinely interacting with Accounting, Tax and Legal Departments to provide compensation data and analysis
  • Strong work ethic and collaborative approach
  • Proficient with Microsoft Office, with advanced knowledge of Excel and PowerPoint
  • Advanced knowledge in managing large amounts of data in MS Excel
  • Advanced knowledge in formulas and developing pivot tables
  • Ability to interact with external and internal audit partners effectively and actively on matters pertaining to compensation programs
  • Knowledge of direct labor FPRP
  • Experience in working closely with Talent Acquisition and Capture Managers in identifying hire and bid rates
  • The best candidates will have their CCP or SPHR designation
  • Experience with Workday HRIS is preferred
  • This position requires successful completion of a background check and employment verification

Bellatrix HRM Inc is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.



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